Golds flat as broad market rebounds
The Toronto Stock Exchange’s S&P/TSX composite index advanced 27.56 points to end the April 2-8 report period at 6,438.71 as the U.S.-led coalition marched into Baghdad and raised hopes for a quick co…
Queenstake Resources Ltd
Jerritt Canyon deal in Nevada falls through
Shares in Queenstake Resources (QRL-T) plummeted 17, or nearly 45% of their value, in early trading on April 8 after the company said it was unable to settle on a new deal to acquire the Jerritt Cany…
Damang gives Repadre earnings boost
With a share in production from the Damang gold mine in Ghana now part of its portfolio, Repadre Capital (RPD-T) has posted earnings of $4.1 million (or 10 per share) on revenue of $5.9 million in th…
Siberian mines power High River Gold in 2002
Toronto-based High River Gold Mines (HRG-T) saw its revenues more than triple during the first half of the year as it began consolidating operating results from the Russian gold-mining company OJSC Bu…
Partners pour gold at Magistral in Mexico
Equal partners Queenstake Resources (QRL-T) and privately held Midwest Mining have shipped their first gold bar from the Magistral project in Mexico’s Sinaloa state.Weighing 254 oz., the bar was sold …
Magistral nears production (September 23, 2002)
With about 20,000 tonnes of crushed ore stacked on the leach pad, equal partners Queenstake Resources (QRL-T) and privately owned Midwest Mining have begun leaching operations at the Magistral gold pr…
Russian gold raises High River (August 19, 2002)
Near-record production from the 50%-owned New Britannia mine in Manitoba, combined with an increased stake in Russian gold miner Buryatzoloto, propelled High River Gold Mines (HRG-T) to a second-quart…
High River eyes more Russian gold
High River Gold Mines (HRG-T) has inked a deal to acquire the Berezitovoye project in the Amur region of southern Siberia, from a Russian company, Khaikta Ltd.Under the deal, High River will issue Kha…
High River boosts Taparko stake (July 08, 2002)
High River Gold Mines (HRG-T) has exercised its option and picked up an additional 18.5% interest in the advanced Taparko project in Burkina Faso, West Africa, from Queenstake Resources (QRL-T).In ret…
Latest corporate downfall ignites investor revolt
As pessimism in multinational conglomerates stretched across the Atlantic, the Toronto Stock Exchange S&P/TSX plunged 107.41 points over the holiday-shortened June 26-July 2 report period, ending the …
Queenstake ups Magistral resource
Vancouver — Drilling by Queenstake Resources (QRL-T) has increase the grade and tonnage of the La Prieta zone in the Samaniego Hill area of its 50%-owned Magistral property in Mexico’s Sinaloa state….
Queenstake moves Magistral project forward
Vancouver — With construction well under way on its 50% held Magistral project, Queenstake Resources (QRL-T) expects the latest bout of drilling to boost the overall economics of the advanced propert…